The Reason Why So Many People Fail In The Markets
@Adam Khoo:
Now some critics would say, "But Adam if you're so smart, why are you down? If you're so smart you could have seen the crash coming — you should have sold everything at the top, shorted the market at the top, and bought commodities — and now you wouldn't be down at all. You would be like up every year, every day, every month." Well, it's because I don't have a crystal ball, and no one has a crystal ball.So the reason why a lot of people fail in the markets is that they come in with unrealistic expectations, thinking that as a great investor, you can see the future — you know exactly where's the top, exactly where's the bottom. Most people fail because they come in with these naive expectations.Hey even the greatest investor in the world — Warren Buffett — who's been investing for the